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The central bank announces interest rate cuts and reserve requirement ratio cuts

PANews|5月 07, 2025 01:11

Pan Gongsheng, President of the People's Bank of China, announced at the press conference of the State Council Information Office on May 7 that he would cut the reserve ratio by 0.5 percentage points and the policy interest rate by 0.1 percentage points.

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Timeline

5月 20, 11:28【Implementing a moderately loose monetary policy to support the real economy】

5月 07, 03:57【The People's Bank of China decides to cut the lending rate】

5月 07, 01:17【The People's Bank of China reduced the reserve requirement by 0.5 percentage point】

5月 07, 01:09【The People's Bank of China cut the deposit reserve ratio and interest rate】

4月 17, 13:23【The European Central Bank continues to cut tariffs】

4月 11, 18:16【China claims digital currency boom】

4月 11, 12:30【Rumors about establishing a digital RMB bank and recruiting digital RMB promoters】

4月 11, 12:00【Rumors about digital RMB banks and promoters】

4月 10, 19:19【The shift towards Chinese cryptocurrency is not an overnight success】

4月 09, 17:50【The People's Bank of China adjusts the RMB exchange rate】

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